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$340,700

NAL Estimated Property Value

2700 Albany Street 3E, Houston, TX, 77006

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,221 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$269.45 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built2000

Land Information

APN1240560000015
Land UseResidential
Legal DescriptionUNIT 3E .06798 INT COMMON LAND & ELE VILLA SERENA FLATS CONDO 2ND AMEND
Census Tract410502
Assessed Land Value$65,265
Assessed Improvement Value$275,435
Assessment Year2025

About this property

PRICE REDUCED… Beautiful and very rare condo penthouse in a gated historical 1913 building on the top floor corner unit overlooking a breathtaking view of Downtown Houston. Completely restored with high- end finishes for luxurious MidTown living. Soaring 16-foot ceilings define this space. Open living with huge windows, track lighting, refinished wood floors; granite counters & stainless appliances, blending original architectural details with modern style. Spacious bedroom opens to a balcony with plenty of room for entertaining. Fantastic storage. Beautiful common gardens, pool, community elevator, security entrance and private gated parking lot adjacent to the building. Walking distance to many restaurants, shopping, Museum District, Medical Center, Downtown, Universities, public golf course and midtown parks.

Investor Tools

Property Icon
$340,700
Estimated Property Value
$0Estimated Mortgage Balance
$340,700Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,044 /month
Positive
Cash Flow Estimate:
$681 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$741/month
$606/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,187
$340,700
2025
$65,265
$275,435
$340,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,187
$340,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,700
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$606/mo
+$1,034/mo
5.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2700 Albany Street 3E | Property Details | No Agent List